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Listing provided courtesy of Hawkeye Commercial Real EstateMREDas Distributed by MLSGrid- MLS# 12674972MLS Provider

1821-1823 2ND AvenueRock Island, IL 61201

Commercial · 9,600 Sq. ft. | 0.31 Acres
$624,900 Active

1821-1823 2ND Avenue Overview

Time on Site:
19 days
Visits:
5

Exceptional investment opportunity in downtown Rock Island. This property features two commercial storefronts with office/retail suites on the main level, plus eight apartments across the second and third floors - two 1BR/1BA and six 2BR/1BA units. All leases are month-to-month, with the exception of one commercial lease expiring in August 2026. The office/retail units operate on gross leases with utilities included, while apartment residents are responsible for their own gas and electricity. Building is fully sprinkled.

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1821-1823 2ND Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 9,600
  • Price/Sq.ft. $65
  • Lot 0.31 Acres

Details

General

Income/Expenses

  • Net Operating Income: 16307

Building Information

  • Year Built: 1874

Location/Region

  • County Or Parish: Rock Island
  • MLS Area Major: Rock Island

Tax Information

  • Tax Annual Amount: $23,008.96
  • Tax Year: 2025

General Information

  • Parcel Number: 0735202011
  • Property Type: Commercial Sale

Interior

Building Information

  • Office SqFt.: 1250
  • Other SqFt.: 8350
  • Retail SqFt.: 1250
  • Warehouse SqFt.: 0

Building Interior

  • Building Area Total: 9600

General Information

  • Cooling: Central Air
  • Flooring: Carpet, Tile

Exterior

Lot Information

  • Additional Parcels: Yes
  • Frontage Type: City Street
  • Lot Size Acres: 0.31
  • Lot Size Square Feet: 13503
  • Water Source: Municipal Water

Building Exterior/Construction

  • Construction Materials: Brick, Block
  • Roof: Membrane

General Information

  • Number Of Units Total: 8

1821-1823 2ND Avenue Neighborhood

Community

61201 (Rock Island) Demographics

36
Median Age
1,897
Population Density (per sq. mile)
31%
College Educated
$47,835
Estimated Median Income
9,569
Estimated Total Home Owners
6,059
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1821-1823 2ND Avenue Monthly Cost

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Jeremy Woods
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1821-1823 2ND Avenue Market Data

Based on the last 30 days in this zip code

$160,282
Average List Price
$105
Average Price per Square Foot
31
Properties Sold
61
Average Days on Market
129
Properties for Sale
Calculations provided by Reliance Network

1821-1823 2ND Avenue History

Date Event Value Agent
6/16/2026Source: MRED Status Change
Active
6/11/2026Source: MRED Added to Database
June 11, 2026